Misallocation

1948 Cadillac Series 62 Convertible

Sold at Mecum Auctions on Sept. 26, 2026.

$82,500Confirmed

The price as reported by the house. Hammer price $75,000, before the buyer's premium. Read from the house's results Oct. 15, 2026.

The car

Year
1948
Make and model
Cadillac Series 60, 61, 62 and 75
Generation
Cadillac 1942 to 1953
Gearbox
Automatic
Chassis
486203933
Condition
Good (3)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Above the middle half of 68 comparable sales, 25% over its top.

Middle half of sales$19,188 to $60,223
Median$33,750
Sales behind it68Likely

From 68 sales of the Series 60, 61, 62 and 75 Cadillac 1942 to 1953 in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $19,188 and $60,223.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1948 Cadillac Series 62 SedanBring a Trailer, June 17, 2025Bring a TrailerJune 17, 2025$26,000
1948 Cadillac Series 62 SedanBring a Trailer, Jan. 29, 2025Bring a TrailerJan. 29, 2025$14,500
1948 CADILLAC SERIES 62 CONVERTIBLEBarrett-Jackson, Jan. 25, 2025Barrett-JacksonJan. 25, 2025$75,000
1948 Cadillac Fleetwood Series 75 LimousineBring a Trailer, Dec. 30, 2024Bring a TrailerDec. 30, 2024$30,600
Northstar-Powered 1949 Cadillac Series 62 Club CoupeBring a Trailer, Sept. 7, 2026Bring a TrailerSept. 7, 2026$48,459
1949 Cadillac Series 62 ConvertibleMecum, July 24, 2026MecumJuly 24, 2026$41,000
1949 CADILLAC SERIES 62 CONVERTIBLEBarrett-Jackson, June 26, 2026Barrett-JacksonJune 26, 2026$48,000
1947 Cadillac Series 62 Convertible CoupeMecum, May 15, 2026MecumMay 15, 2026$50,000